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111 \\ How to Turn Huge Capital Losses into Future Tax Savings

Author
Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
Published
Mon 10 Jun 2024
Episode Link
https://smallbusinessfinance.podbean.com/e/111-turning-capital-losses-into-gains-creative-strategies-for-financial-recovery/

In this episode, I walk through a real case study of a client facing over a million dollars in business losses and explain how to turn a massive capital loss into a long-term financial recovery plan.


You’ll learn:



  • What really happens when you’re stuck with a huge capital loss

  • Why the $3,000 annual deduction limit feels useless (and how to work around it)

  • How to match future capital gains with current capital losses

  • Creative ways to use stock options, investments, and real estate strategies to “eat up” these losses

  • How to approach a 5–10 year recovery plan when business or investment bets go wrong


If you’ve ever wondered whether there’s a way to bounce back after a failed business, a bad franchise, or a major market loss, this episode shows you the practical tax and planning strategies to start rebuilding.


 


Next Steps:


💰Pay Less in Taxes – Start Here! 💰


☎️ Are you overpaying in taxes every year?  Schedule a FREE discovery call to find out!


📧 Contact Me --> [email protected] 


📲 Follow me on IG @ the.tiffany.p.cpa


 

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